3 Stocks to Avoid This Week
Wall Street has now moved higher for eight consecutive weeks, but not every stock is playing along. I thought my three stocks to avoid for last week -- , CarMax, and Lennar -- were going to lose to the market. They rose 11%, climbed 2%, and fell 1%, respectively, for an average gain of 4% for the week.
The S 500 moved 0.8% higher, so I fell short. Thanks a lot, Steelcase. I have still been right in 70 of the past 113 weeks, or 62% of the time.
Let's turn our attention to the new week. I see Alibaba Group (NYSE: BABA), (NYSE: SCS), and JD.com (NASDAQ: JD) as stocks you might want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.
Source Fool.com
Steelcase Inc. A Stock
€12.30
0.820%
Currently there is a rather positive sentiment for Steelcase Inc. A with 4 Buy predictions and 0 Sell predictions.
With a target price of 16 € there is a positive potential of 30.08% for Steelcase Inc. A compared to the current price of 12.3 €.
